The sold production of articles of jewelry of precious metal in Belgium has shown fluctuation over the years, starting from a value of 28.434 million euros in 2013 and reaching 34.969 million euros in 2023. The annual variations indicate significant shifts, with notable dips in 2014 and 2020, the latter related to global disruptions such as the COVID-19 pandemic. Despite these fluctuations, the sector saw a recovery with positive year-on-year growth since 2021, reinforced by a strong performance in 2023 with a 1.5% increase.

Future trends to watch for:

The forecasted CAGR for the next five years stands at 1.17%, suggesting modest growth.
Projected growth reaching 37.675 million euros by 2028 indicates overall positive momentum.
Key factors influencing future trends include economic conditions, consumer spending behavior, and potential disruptions in the global supply chain.